Le Merite Exports Limited (LEMERITE) — Corporate Action | 1 June 2026

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📢 Key Event
1-for-5 equity share split announced

🔄 What Changed
Face value reduced from Rs 10 to Rs 2 per share; new ISIN INE0G1L01025 issued

💡 Investor Takeaway
Shareholders will hold more shares at a lower price per share after the split.

Le Merite Exports announced a 1-for-5 equity share split effective May 30, 2026, converting each Rs 10 face value share into five Rs 2 face value shares. The new ISIN INE0G1L01025 was used for the split shares, with records updated in both NSDL and CDSL systems on May 30, 2026. Shareholders received additional shares proportionally, though no yield or dilution details were provided.

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About Le Merite Exports Limited (LEMERITE)

Textiles · Textiles & Apparels · Listed on NSE

Market Cap: ₹1,176.7 Cr

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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